New York, NY, 10176, USA
16 days ago
Analyst, Business Control
Analyst, Business Control New York, New York **Job Description:** The Global Markets Business Controls Office (BCO) is responsible for the creation, maintenance and oversight of a robust supervision and control infrastructure relating to non-financial risk, including but not limited to compliance with regulatory rules and guidance as well as operational controls in partnership with the business Front Line Unit (FLU). BCO is a global group with teams in many locations including New York, Charlotte, London, Paris, Hong Kong, Singapore and Tokyo providing control oversight to Sales, Trading,Electronic/Algorithmicand Research businesses across Global Markets in respect of regulatory and governance programs. **Position Description/Responsibilities:** BCO has an open role within Business Controls, at Analyst level, to work across the AMRS Fixed Income LOBs supporting the senior lead within the team. This individual will work closely with the LOB supervisors and senior management/COOs and other support functions (e.g., Compliance, Enterprise Independent Testing (EIT), Risk, Operations and Technology, Legal, Audit and Human Resources). Their goal will be to ensure successful execution of our controls framework and assisting with trade surveillance, ensuring that the line of business is in compliance with applicable rules, regulations and implementing industry best practices. **Profile/Skills:** Candidate must be able to thrive in a fast-paced and high-pressure environment with primary responsibilities being to: + Work within the GM BCO function, providing expertise together with others, maintaining global transparency and consistency (where appropriate) of roles, processes and accountabilities, and enhance governance and associated documentation; + Work with global GM BCO and internal stakeholders to identify control gaps, design, implement and track through SIAIs remedial actions to close and continue to improve conduct and culture within the business and wider organization; + Support the bank’s Trade Surveillance Framework in the FLU or 1st Line responsibilities, includingdesign, implementation, parameter setting, regular reviews, venue coverage, data quality, alert dispositioning and investigations; + Provide BCO input into Enterprise and Global Markets policies and procedures; + Represent Global Markets BCO at various committees, forums and meetings as required; and + Act as an escalation point to BCO and local FLU leadership for any items that require escalation, awareness or approval. **Experience required:** + Able to demonstrate trading/product knowledge around trading correlations, use of derivatives and hedging; + Bachelor's degree or equivalent work experience required; + Understanding of Market Misconduct behaviors across Trading and Sales business; + Ability to work collaboratively across multiple stakeholders and deliver results in a timely manner; + Self-starter with ability to multitask and manage competing priorities, managing effectively in a dynamic environment; + Excellent verbal and written communication skills with the ability to articulate complex concepts in a clear and concise manner; + Attention to detail and high standard for quality work product; + Commitment to provide timely and accurate guidance to FLU with strong ability to influence when needed; + Inquisitive mindset and the ability to think creatively to solve problems and anticipate potential questions or issues; + Effective time management and prioritization, strong multi-tasking abilities; + Excellent judgment in handling sensitive and confidential information **Shift:** 1st shift (United States of America) **Hours Per Week:** 40 Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) . View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) . Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE . Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work. This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
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